The lottery paradox[1] arises from Henry E. Kyburg Jr. considering a fair 1,000-ticket lottery that has exactly one winning ticket. If that much is known about the execution of the lottery, it is then rational to accept that some ticket will win.
Suppose that an event is considered "very likely" only if the probability of it occurring is greater than 0.99. On those grounds, it is presumed to be rational to accept the proposition that ticket 1 of the lottery will not win. Since the lottery is fair, it is rational to accept that ticket 2 will not win either. Indeed, it is rational to accept for any individual ticket i of the lottery that ticket i will not win. However, accepting that ticket 1 will not win, accepting that ticket 2 will not win, and so on until accepting that ticket 1,000 will not win entails that it is rational to accept that no ticket will win, which entails that it is rational to accept the contradictory proposition that one ticket wins and no ticket wins.
The lottery paradox was designed to demonstrate that three attractive principles governing rational acceptance lead to contradiction:
The paradox remains of continuing interest because it raises several issues at the foundations of knowledge representation and uncertain reasoning: the relationships between fallibility, corrigible belief and logical consequence; the roles that consistency, statistical evidence and probability play in belief fixation; the precise normative force that logical and probabilistic consistency have on rational belief.